Previous close | 695.15 |
Open | 698.90 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 684.35 - 703.45 |
52-week range | 407.45 - 713.50 |
Volume | |
Avg. volume | 8,587,656 |
Market cap | 1.542T |
Beta (5Y monthly) | 1.41 |
PE ratio (TTM) | 15.11 |
EPS (TTM) | 45.63 |
Earnings date | 06 Aug 2024 - 10 Aug 2024 |
Forward dividend & yield | 3.00 (0.44%) |
Ex-dividend date | 14 Aug 2023 |
1y target est | N/A |
Hindalco Industries MD Satish Pai discusses the outlook for aluminum and copper demand. Hindalco is the world's largest aluminum company by revenues, and a major player in copper, serving more than half of India's copper requirement. He speaks with Menaka Doshi Amin on "Bloomberg Markets: Asia."
(Reuters) -Novelis, owned by Indian billionaire Kumar Mangalam Birla's Hindalco Industries, is targeting a valuation of up to $12.6 billion in its initial public offering in the United States, the aluminum products maker said on Tuesday. The world's largest recycler of aluminum, whose customers include Coca-Cola, Ford, Jaguar LandRover, said its parent is looking to raise up to $945 million through the sale of 45 million shares at a price of $18 to $21 per share. After being on ice for the last two years, the IPO market is on the road to recovery as a booming stock market and economic resilience spur companies to list their shares.
(Bloomberg) -- Novelis Inc., the aluminum products maker owned by billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd., is seeking to complete a planned US initial public offering as soon as early June, according to people familiar with the matter.Most Read from BloombergTrump Vows ‘Day One’ Executive Order Targeting Offshore WindMacron Puts French Banks in Play With Plan to Transform EuropeTesla Rehires Some Supercharger Workers Weeks After Musk’s CutsChina to Start $138 Billion Bond Sal